Crypto ‘not protected by law,’ rules provincial high court in China
A provincial high court ruling in China has set a potential precedent by declining to protect a plaintiff’s $10,000 worth of lost crypto tokens. Go to Source Powered by WPeMatico
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Brazil’s central bank president endorses crypto regulation
Central bank head Roberto Campos Neto recognized the demand for greater crypto regulation as the country evolves in the market. Go to Source Powered by WPeMatico
Swedish gov’t pays out $1.5M in Bitcoin to convicted drug dealer
The Swedish prosecutor had argued in court that the man should be stripped of his illicitly-earned Bitcoin at the equivalent value in fiat currency at the time of his conviction. Go to Source Powered by WPeMatico
Canadian regulator alleges OKEx operator violated securities law
The commission has made similar allegations against Bybit, crypto exchange KuCoin and Polo Digital Assets. Go to Source Powered by WPeMatico
Crypto language in the infrastructure bill is a political shell game, says Cointelegraph GC
According to Zachary Kelman, Republicans and moderate Democrats may know the tax reporting requirements for crypto firms are impossible, but want to have a provision to fund some of the projects without raising taxes. Go to Source Powered by WPeMatico
London court orders Binance to trace hackers behind $2.6M Fetch.ai attack
“We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered,” said Syedur Rahman. Go to Source Powered by WPeMatico
Senate infrastructure bill isn’t perfect, but could the intention be right?
The provisions of the U.S. infrastructure bill stirred up a heated debate, but many of the fears voiced by its critics are misguided. Go to Source Powered by WPeMatico
BREAKING: BitMEX announces $100M settlement with FinCEN, CFTC
No mention was made of criminal charges against former CEO Arthur Hayes or any other executives at the firm. Go to Source Powered by WPeMatico
Infrastructure bill passes US Senate — without clarification on crypto
“This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey. Go to Source Powered by WPeMatico
SEC wants ‘terabytes’ of Slack communications from Ripple
The SEC said that the previous production of Slack messages from Ripple was incomplete, and a massive quantity of data has not been collected. Go to Source Powered by WPeMatico
